Rockwell will see some volume and price move tomorrow. Today is the day after close. Losing unprofitable status.
very positive news releases, here is the word from management.
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President and CEO John Bristow stated, "In spite of the world economic
recession, precipitous decline in diamond prices, and costly
unforeseen corporate activity, Rockwell has demonstrated its ability
to rapidly adapt to these challenges. The Company has survived the
storm, significantly improved its operating skills and abilities,
increased production through smart mining and clever plant
improvements, and lowered its operating cost structure. The
improvements set in place have ensured that the Company is operating
at a break-even point and is well placed to return to profit and grow
as diamond prices improve further."
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So now we wait... What effect will the turn of loosing to breaking even have on the sp???? I'd say UP!
